(I)(a)  Statement showing Shareholding Pattern:
Name of the Company:     Granules India Limited
Scrip Code:  532482                                                             Quarter ended:  30th June 2007
Cate- Category of Number of Total  Number of Total shareholding as
gory shareholder shareholders number  shares held in a percentage of total
code     of dematerialized number of shares
      shares form As a  As a 
          percentage percentage
          of (A+B) of (A+B+C)
(A) Shareholding of Promoter and Promoter Group          
(1) Indian          
(a) Individuals / Hindu Undivided Family 13 5718691 4524474 29.40 28.56
(b) Central Govt/State Government(s) 0 0 0 0.00 0.00
(c) Bodies Corporate 0 0 0 0.00 0.00
(d) Financial Institu - tions / Banks 0 0 0 0.00 0.00
(e) Any Other (specify) 0 0 0 0.00 0.00
  Sub-Total (A)(1) 13 5718691 4524474 29.40 28.56
(2) Foreign          
(a) Individuals (Non Resident Individu-als / Foreign Individuals 4 61300 61300 0.32 0.31
(b) Bodies Corporate 0 0 0 0.00 0.00
(c) Institutions 0 0 0 0.00 0.00
(d) Any Other (specify) 0 0 0 0.00 0.00
  Sub-Total (A)(2) 4 61300 61300 0.32 0.31
  Total shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2) 17 5779991 4585774 29.72 28.87
(B) Public shareholding          
(1) Institutions          
(a) Mutual Funds/UTI 1 181221 181221 0.93 0.91
(b) Financial Institu - tions / Banks 1 2500 2500 0.01 0.01
(c) Central Govt/State Government(s) 0 0 0 0.00 0.00
(d) Venture Capital Funds 0 0 0 0.00 0.00
(e) Insurance Companies 1 6356 6356 0.03 0.03
(f) Foreign Institu - tional Investors 4 1946407 1946407 10.01 9.72
(g) Foreign Venture Capital Investors 0 0 0 0.00 0.00
(h) Any Other (specify) 0 0 0 0.00 0.00
  Sub-Total (B)(1) 7 2136484 2136484 10.98 10.67
(2) Non Institutions          
(a) Bodies Corporate - Domestic 459 855458 789258 4.40 4.27
  Foreign Bodies Corporate 3 6448845 0 33.16 32.21
(b) Individuals - i.Individual shareholders holding nominal share capital up to Rs.1 lakh    12693 3032975 2912666 15.59 15.15
ii.Individual shareholders holding nominal share capital in excess of Rs.1 lakh 18 669719 635619 3.44 3.34
(c) Any Other (specify) NRIs 319 527122 527122 2.71 2.63
  Sub-Total (B)(2) 13492 11534119 4864665 59.30 57.60
  Total Public shareholding (B)=(B)(1)+(B)(2) 13499 13670603 7001149 70.28 68.27
  TOTAL (A)+(B) 13516 19450594 11586923 100.00 97.14
(C) Shares held by Custodians and against which Depository Receipts have been issued 1 573040 573040   2.86
  GRAND TOTAL (A)+(B)+(C) 13517 20023634 12159963   100.00
(I)(b)  Statement showing Shareholding of persons belonging to the category 
         "Promoter and Promoter Group"
Sr. Name of the shareholder Number Shares as a percentage of total number of
No.   of shares shares {i.e., Grand Total (A)+(B)+(C)
      indicated in Statement at para (I)(a) above}
       
1 Chigurupati Krishna Prasad 2125217 10.61
2 C Krishna Prasad 2283217 11.40
3 Chigurupati Uma Devi 616000 3.08
4 Chigurupati Uma Devi 86000 0.43
5 Chigurupati Uma Devi 56000 0.28
6 Chigurupati Pragnya 149912 0.75
7 Chigurupati Pragnya 21000 0.10
8 Chigurupati Priyanka 148612 0.74
9 Chigurupati Priyanka 21000 0.10
10 Chigurupati Harsha 148123 0.74
11 Chigurupati Harsha 44000 0.22
12 Chigurupati Nageswara Rao 4610 0.02
13 Suseela Devi Chigurupati 15000 0.07
14 Sampath Kumar Ramanavarapu  15600 0.08
15 Sampath Kumar Ramanavarapu  6500 0.03
16 Ramanavarapu Shanthi Sree 21200 0.11
17 Ramanavarapu Shanthi Sree 18000 0.09
  TOTAL : 5779991 28.87
(I)(c)  Statement showing Shareholding of persons belonging to the category 
         "Public" and holding more than 1% of the total number of shares
Sr. Name of the shareholder Number Shares as a percentage of total number of
No.   of shares shares {i.e., Grand Total (A)+(B)+(C)
      indicated in Statement at para (I)(a) above}
       
1 ISP Investco LLC 2211200 11.04
2 Ridgeback Capital Asia Ltd., 2180067 10.89
3 International Finance Corporation 2057578 10.28
4 Citigroup Global Markets Mauritius Pvt Ltd., 736000 3.68
5 Goldman Sachs Investments (Mauritius) I Ltd., 650491 3.25
6 Morgan Stanley and Co. International Limited 559916 2.80
7 Allwyn Dsouza 234741 1.17
                      TOTAL : 8629993 43.10
(I)(d)  Statement showing details of locked-in shares
Sr. Name of the shareholder Number of Locked-in shares as a percentage of total 
No.   locked-in no. of shares {i.e., Grand Total (A)+(B)+(C)
    shares indicated in Statement at para (I)(a) above}
       
1 ISP Investco LLC 2211200 11.04
2 Ridgeback Capital Asia Ltd., 2180067 10.89
3 International Finance Corporation 2057578 10.28
4 Chigurupati Uma Devi 758000 3.79
5 Chigurupati Pragnya 149912 0.75
6 Chigurupati Priyanka 148612 0.74
7 Chigurupati Harsha 148123 0.74
8 Chigurupati Krishna Prasad 194037 0.97
                      TOTAL : 7847529 39.19
(II)(a)  Statement showing details of Depository Receipts (DRs)
Sr. Type of  Number of Number of Shares underlying outstanding DRs as a
No. outstanding DR outstanding shares percentage of total number of shares 
    DRs underlying {i.e., Grand Total (A)+(B)+(C) indicated in
      outstanding Statement at para (I)(a) above}
      DRs  
         
1 GDRs 573040 573040 2.86
         
  TOTAL : 573040 573040 2.86